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International Rectifier (IRF -4.3%) is off after receiving a downgrade to Sell from Goldman's...

  • Thursday, December 13, 2012, 2:13 PM ET
    International Rectifier (IRF -4.3%) is off after receiving a downgrade to Sell from Goldman's James Schneider, who expects shares to underperform during the first stages of a chip industry recovery. Pricing and margin pressure for discrete analog chips, high inventories, and sub-par execution are all cited. Meanwhile, fellow analog names Linear Tech (LLTC -2.9%) and Analog Devices (ADI -1.5%) are slightly underperforming after respectively catching downgrades to Sell and Neutral from Citi.
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This news story has 2 comments:

  •  
    This article is incorrect....ADI was downgraded today from Buy to Neutral by Citi with a target price of $45. See the correct article at http://bit.ly/Zma4V8 .
    13 Dec 2012, 06:14 PM Reply Like
  •  
    That's what the post states. "Respectively catching downgrades to Sell and Neutral" means Linear was downgraded to Sell, and ADI to Neutral. Sorry for any confusion.
    13 Dec 2012, 06:17 PM Reply Like
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